kawetsriyanto
Legendary
Offline
Activity: 2324
Merit: 1130
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2023, 04:19:06 PM |
|
Do you track bulk Bitcoin transactions being carried out by whales?
What for? There's no benefit to know where they send their Bitcoin. We also have no capability to ensure where the whales send it. We only know they send the Bitcoin to new wallets. That's it, right? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Do you feel it has good impact on Bitcoin prices ~
Theoretically, if the whales only send it to new wallets and don't plan to sell the Bitcoin on the exchanges, there will be no effect to the current price of Bitcoin. As long as there is no significant increase on the circulating supply, there will be no much impact on the price. So, unless the whales dump it by selling big number of Bitcoin on exchanges, we shouldn't be too worried about it.
|
|
|
|
BitDane
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2023, 05:16:24 PM |
|
Do you track bulk Bitcoin transactions being carried out by whales? Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
No I don't follow Bulk Bitcoin transactions being carried out by whales. What I follow is news about the current event of Bitcoin. The ETF applications and the market sentiment. I do not think there is a need to follow this bulk transaction, it will be on the news if it somehow have impact on the market. If bulk BTC is being sold on the exchange then it will have an impact on the price, it is good for the people who are accumulating because this bulk sale can reduce the price of Bitcoin in the market but devastating to trader that wanted to sell at a higher price.
|
|
|
|
pixie85
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2023, 06:59:28 PM |
|
Traders aren't making huge impact on the market because their deal is to make a fast trade and get rid of their bitcoin with profit.
Whale traders tend to create those "bart simpson patterns" where they buy to liquidate shorts, wait if the small fish will follow their move and sell everything crashing the price back down to where it came from. Then they wait a day or two and do it again. It's just to liquidate leverage and does nothing good to bitcoin.
I don't follow them and hope you won't try to be smarter than they are.
|
|
|
|
Yaunfitda
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2023, 07:38:12 PM |
|
Do you track bulk Bitcoin transactions being carried out by whales?
No, doesn't make sense to me to track those movements. Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
If there is some impact, I think it's going to be bad. If you are a newbie here and you see reports that X amount of bitcoin has been moved from wallet A to wallet b, what do you feel? Exactly, it might create FUD to them. And that's the main reason why I don't see the any benefits at all with this kind of X (Twitter) account who has notifications because it might create a wrong signal to the market. So for those newbies out there, it's better to just stay grounded and don't complicate things on your end by reading too much news here as 90% of it are not even verifiable by the authors themselves. Just learn how to read between the lines and don't overthink it.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Kelvinid
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2828
Merit: 344
win lambo...
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 06:57:49 AM |
|
Do you track bulk Bitcoin transactions being carried out by whales? Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
No! Because it is not important for me either and it has no impact on the price. I'd rather monitor the news as it was more influential than seeing those bulk transactions that are usually from exchanges. Besides, what are we gonna do if we see this huge transfer? Nothing but just wait for what will happen next. In fact, they are not selling, they are just moving their funds to another wallet which means that we have nothing to worry. Better we track the movement of the price as it was useful when trading rather than these whale's transfers.
|
|
|
|
taufik123
Legendary
Offline
Activity: 2632
Merit: 1806
Rollbit.com | Crypto Futures
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 08:01:13 AM |
|
Looking at the many answers given by forum members, it is certain that everyone said no about tracking Bitcoin bulk transactions made. After all, it was just a whale transaction that did not mean they would sell their Bitcoin holdings. It was just a show-off transaction and a plan to disrupt the market with a million-dollar transaction.
The transaction also uses the Mixer Platform, so it will not be traceable who is behind the transaction. If they really want to influence the market price by selling their Bitcoin holdings, it will only have a temporary impact and the bull market will still be bullish.
Whales only play games to catch fish that are given a lot of bait.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
Dunamisx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 08:12:59 AM |
|
Do you track bulk Bitcoin transactions being carried out by whales? Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
No, i don't, one does not have to consistently keep up with the track bedside it makes no impact on anything than you seing how they were being moved from one address to another, which invariably does not indicate that they were being sold or bought, another thing is to consider the stress and time in doing this, the best thing to do is to keep up with the normal tracking on the market price, check for more indicators and study the pattern on the price chart and derive your own conclusions.
|
|
|
|
krishnaverma (OP)
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1372
Merit: 106
Available for rent
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 02:18:50 PM |
|
The other thing is we don't know the different between a "whale" and a large institutional holder. If it's not an exchange with a known address but rather some private equity fund that bought a bunch of BTC and is now moving it for some reason. Using what @pooya87 said. If they are moving the coins from A to B in terms of just moving the coins to a different address in the fund it's going to do nothing to the price. If they are moving the coins from A to B in terms of a private sale it's going to do nothing to the price. If they are moving the coins from A to B in preparation of selling on a public exchnage it's going to do nothing to the price till the sell. And so on.
I know someone sitting on 500BTC give or take from back in the day who just moved it to a new multisig address due to a bit of panic about not being able to find one of the 4 keys needed to sign (2 of 4) Not a 'whale' but the move was mentioned about 2014 address coming alive for the 1st time in years. Funny part it was not he moved the BCH and the other forks out in 2017 [which he has been living on] but nobody talked about that.
-Dave
What about the case when there is movement from an old Bitcoin address from 2010 or something in bulk?
|
Signature available for rent
|
|
|
darkangel11
Legendary
Offline
Activity: 2450
Merit: 1354
Don't let others control your BTC -> self custody
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 07:28:17 PM |
|
I never do it, nor do I care what whales are doing. I hold my own fort. I don't even read the news, or check the price of bitcoin. I take most of my information from a few very bitcoin-oriented channels, so no shitcoin pumping there and no comparing of bitcoin to something else, just pure bitcoin talk with some economics and politics. The rest I get from this forum. I don't even care about the short term price fluctuations. I use bitcoin to buy something from time to time, when I need stuff, mainly electronics, but I try to wait for a decent pump before I do it. Even if Saylor was to sell all his bitcoin today, I wouldn't do anything, just as I didn't do anything in 2020 when bitcoin crashed on covid news.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
oktana
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 07:39:30 PM |
|
Do you track bulk Bitcoin transactions being carried out by whales? Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
I think I follow an account on Twitter that posts updates about whales making bulky transactions. Sometimes they even add the duration of sleep on the account (if it’s worth looking at). Anyways, the impact of these transaction depend where they are going to. If the whale is selling, it’s definitely a downward impact, and if buying, it’s upwards. Note that the impact may not always be very significant because the condition of the market also matters on the impact.
|
|
|
|
Z-tight
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 07:41:30 PM |
|
Do you track bulk Bitcoin transactions being carried out by whales? Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
I don't track such tx's, and i see no reason why people should do so, i believe it is only weak hands that are usually concerned about such movements and tx's. I admit that tx's of a large amount of BTC's creates fud most times, but it shouldn't really, because we don't know where or why such person is moving their coins, and it is their keys so they are free to do what they like. I am not a 'regular trader', but i know they love to trade on the news, people make a lot out of tx's of large amounts of BTC and if the news manages to spread, it can cause fud and affect the price; but take note that such movements in price is only temporary and you should not make long term decisions on them.
|
|
|
|
philipma1957
Legendary
Offline
Activity: 4214
Merit: 8372
'The right to privacy matters'
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 07:49:15 PM |
|
The other thing is we don't know the different between a "whale" and a large institutional holder. If it's not an exchange with a known address but rather some private equity fund that bought a bunch of BTC and is now moving it for some reason. Using what @pooya87 said. If they are moving the coins from A to B in terms of just moving the coins to a different address in the fund it's going to do nothing to the price. If they are moving the coins from A to B in terms of a private sale it's going to do nothing to the price. If they are moving the coins from A to B in preparation of selling on a public exchnage it's going to do nothing to the price till the sell. And so on.
I know someone sitting on 500BTC give or take from back in the day who just moved it to a new multisig address due to a bit of panic about not being able to find one of the 4 keys needed to sign (2 of 4) Not a 'whale' but the move was mentioned about 2014 address coming alive for the 1st time in years. Funny part it was not he moved the BCH and the other forks out in 2017 [which he has been living on] but nobody talked about that.
-Dave
What about the case when there is movement from an old Bitcoin address from 2010 or something in bulk? If I saw 2009 and 2010 addresses going to coinbase wallet address or binance time and time again in under 10 days it would interest me. Logic would be someone got access to the early coins and what is he or she up to.
|
|
|
|
OgNasty
Donator
Legendary
Offline
Activity: 4830
Merit: 4543
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 03, 2023, 11:04:54 PM |
|
I don’t track the movements of whales because I don’t care what other people are doing with their funds. Not to mention anyone can make their coins look like they’re doing anything with them, so if you are reliant on this sort of thing you’re leaving yourself open to being manipulated. Just make your own decisions and do your best. Don’t follow others.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
krishnaverma (OP)
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1372
Merit: 106
Available for rent
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 05:44:22 AM |
|
I don’t track the movements of whales because I don’t care what other people are doing with their funds. Not to mention anyone can make their coins look like they’re doing anything with them, so if you are reliant on this sort of thing you’re leaving yourself open to being manipulated. Just make your own decisions and do your best. Don’t follow others.
Long term holders like you do not need to worry about the whales action. But daily traders can be impacted by this to large extent.
|
Signature available for rent
|
|
|
rodskee
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2464
Merit: 204
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 06, 2023, 06:16:50 AM |
|
Do you track bulk Bitcoin transactions being carried out by whales? Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
Why should I mate? why do we need to tack those Bulk order ? for inspiration or for frustration that they have what we cannot afford to. sorry but i find no reason for me tracking them instead what I do is finding my way to have my own transactions and of course the orders I can have for my own wallet.with those act I dont have to feel anything bad for not having Bulk orders. I don’t track the movements of whales because I don’t care what other people are doing with their funds. Not to mention anyone can make their coins look like they’re doing anything with them, so if you are reliant on this sort of thing you’re leaving yourself open to being manipulated. Just make your own decisions and do your best. Don’t follow others.
and knowing that you also have your own Bulk Bitcoins mate ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) that is also my point , your coin your tracking same as OP , His coin His tracking that is what best for all of us.
|
|
|
|
krishnaverma (OP)
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1372
Merit: 106
Available for rent
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 16, 2023, 12:17:09 PM |
|
Do you track bulk Bitcoin transactions being carried out by whales? Do you feel it has good impact on Bitcoin prices and a regular trader can benefit from this data.
Why should I mate? why do we need to tack those Bulk order ? for inspiration or for frustration that they have what we cannot afford to. sorry but i find no reason for me tracking them instead what I do is finding my way to have my own transactions and of course the orders I can have for my own wallet.with those act I dont have to feel anything bad for not having Bulk orders. I don’t track the movements of whales because I don’t care what other people are doing with their funds. Not to mention anyone can make their coins look like they’re doing anything with them, so if you are reliant on this sort of thing you’re leaving yourself open to being manipulated. Just make your own decisions and do your best. Don’t follow others.
and knowing that you also have your own Bulk Bitcoins mate ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) that is also my point , your coin your tracking same as OP , His coin His tracking that is what best for all of us. Because the current value of all your holdings depend on those bulk transactions.
|
Signature available for rent
|
|
|
Helena Yu
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 16, 2023, 12:40:01 PM |
|
But daily traders can be impacted by this to large extent.
Definitely it's, any news related to Bitcoin even it's small might affect Bitcoin. Now the question, is there a lot people in this forum are actually traders? I see it's not since most people said they didn't follow or track bulk transactions. If you ask "does bulk Bitcoin transactions affect Bitcoin price", you will get many "yes" answers.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
tabas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 16, 2023, 01:26:11 PM |
|
I don't do that, let those accounts or profiles in Twitter(X) do that for us. It doesn't make sense that you follow them and then your decisions will based on them. That just gives you anxiety and can lead you to misleading information that shall affect your decisions. Because the current value of all your holdings depend on those bulk transactions.
Nope. It's based on demand but those transactions are part of the demand but that doesn't mean that all the demand runs on those bulk transactions. They're not the only demand and transactions that you should be wary of, honestly there's nothing be worried with. Just treat it as typical day when you see one.
|
|
|
|
Marvelman
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1008
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 16, 2023, 02:09:49 PM |
|
Yeah, for sure keeping tabs on the big fish in Bitcoin can be important if you're actively trading. The huge transactions they make can really move the market, so watching them is like getting insider info on where things might go next. Since I'm not a trader though, I don't religiously track the whales or anything. I just read about the big deals they do if it pops up in my news feed or whatever. Its crazy the amount of Bitcoin some of these people/companies have and how much they can swing prices if they want to and like I saw something the other day about one wallet transferring like $400 million in Bitcoin to another wallet. Wild! But yeah, I don't obsess over it or anything, just kinda keep up with the highlights.
|
|
|
|
ImThour
Copper Member
Legendary
Offline
Activity: 1442
Merit: 1522
Bitcoin Bottom was at $15.4k
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 16, 2023, 02:45:36 PM |
|
I mean there's always a movement of big accounts going on in Crypto. I do not track them, I personally like to track what the biggest companies and organizations in Crypto are doing. For some reason, these big movements or transactions do not excite me. You should only keep track of the Minting or Burn of USDT/Stablecoins. That's actually what matters. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
|